Deutsche Bank set a €105.00 ($122.09) target price on Siemens (FRA:SIE) in a report issued on Friday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Other equities research analysts have also recently issued reports about the stock. JPMorgan Chase & Co. set a €120.00 ($139.53) price target on shares of Siemens and gave the stock a buy rating in a research report on Thursday. DZ Bank reissued a buy rating on shares of Siemens in a research report on Monday, September 9th. Morgan Stanley set a €122.00 ($141.86) price target on shares of Siemens and gave the stock a buy rating in a research report on Friday, September 13th. Royal Bank of Canada set a €108.00 ($125.58) price target on shares of Siemens and gave the stock a neutral rating in a research report on Thursday, August 1st. Finally, Independent Research set a €111.00 ($129.07) price target on shares of Siemens and gave the stock a neutral rating in a research report on Thursday, August 1st. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and fifteen have given a buy rating to the company. The stock has a consensus rating of Buy and a consensus target price of €119.33 ($138.76).
Shares of FRA:SIE opened at €98.01 ($113.97) on Friday. The company’s 50-day moving average price is €91.88 and its two-hundred day moving average price is €99.64. Siemens has a one year low of €101.40 ($117.91) and a one year high of €133.39 ($155.10).
Siemens Aktiengesellschaft operates in the fields of electrification, automation, and digitalization worldwide. Its Power and Gas segment offers gas and steam turbines, generators, compressor trains, integrated power plant solutions, and instrumentation and control systems for power generation. The company's Energy Management segment offers software, products, systems, solutions, and services for transmitting, distributing, and managing electrical power, as well as for providing intelligent power infrastructure.
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